Master the New-Look
ABS/MBS Market

Every week, Asset-Backed Alert delivers the earliest word on money-making plays emerging from the evolving securitization business, including the worldwide markets for ABS, MBS and CLOs.

Selections from Recent Issues


European Runoff Offers Cautionary Tale

Industry professionals increasingly are pointing to the contraction of Europe’s structured-product business as a demonstration of the pitfalls of...

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Issuers Follow Caliber Into Non-QM Queue

Emboldened by the completion of a deal from Caliber Home Loans, several institutions are planning to issue rated bonds backed predominantly by home loans...

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European Parliament Dims Issuance Hopes

Industry professionals are grumbling over the European Parliament’s treatment of a project that was supposed to remove regulatory roadblocks to...

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Exeter Pulls Back on Lending, Issuance

(SEE CORRECTION BELOW) Subprime auto lender Exeter Finance is downshifting its lending and securitization activities amid increasing concern about the...

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Japan Investors Seeking Yield in Europe

Investors in Japan increasingly are turning to Europe’s structured-product market as a source of higher-yielding positions.

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Fitch Wrapping Up FFELP-Bond Review

Fitch has nearly completed an overhaul of its criteria for rating bonds backed by government-guaranteed student loans, a process that has impeded sales of...

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Banks Add Twist to CLO-Trading Evolution

Several large banks took subordinate positions in collateralized loan obligations on the secondary market in recent weeks, countering a trend in which...

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Premium Point Revises Results

In a rare and potentially damaging move, Premium Point Investments is restating the performance of its flagship hedge fund and suspending redemptions until...

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Hangups Clouding Mobile Carriers' Outlooks

AT&T, Sprint, T-Mobile and Verizon have encountered some delays as they attempt to assemble their first asset-backed bond deals.

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Quicken Arm Prepping Personal-Loan Paper

A routine securitization program is in the works for Quicken Loans’ new online personal-loan affiliate.

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Stormy Conditions Nix SolarCity Offering

SolarCity has called off a $350 million securitization of solar-panel leases, and instead is attempting to sell some of the underlying receivables.

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Marketplace-Loan Plan Marks Funding Shift

Morgan Stanley and Prosper Marketplace are developing a new funding mechanism that could reduce the need for securitizations of marketplace loans.

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